Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on Tech bubbles are bursting all over the place. Parent comment
Not literal suitcases of dollar bills, no. Buying with cash here means without taking out a mortgage.
To answer the first question about who buys a house in cash, 28% of buyers do so[1]:
> All-cash sales accounted for 28% of transactions in March, up from both the 25% recorded in February [2022] and from 23% in March 2021.
[1]: https://www.nar.realtor/newsroom/existing-home-sales-slip-2-...
There are no comments on this comment yet.
Not literal suitcases of dollar bills, no. Buying with cash here means without taking out a mortgage.
To answer the first question about who buys a house in cash, 28% of buyers do so[1]:
> All-cash sales accounted for 28% of transactions in March, up from both the 25% recorded in February [2022] and from 23% in March 2021.
[1]: https://www.nar.realtor/newsroom/existing-home-sales-slip-2-...